0715 GMT [Dow Jones] HUF may firm further if major currencies' volatility continues to remain low and the current, supportive mood on emerging markets goes on, brokerage Buda-Cash says. EUR/HUF is at 306.95 versus 308.40 Tuesday morning as a result of an emerging-market rebound. Should the EUR/HUF break the 100-day moving average at 306.60, it could approach 304.20, its two-month bottom hit in the first half of April, Buda-Cash adds. (margit.feher@wsj.com @margitfeher)
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(END) Dow Jones Newswires
May 07, 2014 03:15 ET (07:15 GMT)
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